Onke Myolwa
Cape Town,Western Cape
Summary
Knowledgeable Accountant proficient in laws and procedures governing business operations, tax filings and regulatory compliance. Handles detail-oriented work in methodical and organized fashion. Leverages field expertise, resourcefulness and diligence to make positive impact on business operations.
Overview
13
13
years of professional experience
37
37
years of post-secondary education
Work History
State Accountant: Credit Control
Dept. Social Development
Cape Town
1 2021 - Current
- Check, verify and reconcile recurring supplier's accounts
- Monthly reconciliation and reporting on various supplier's accounts according to the department's needs
- Provide inputs for procedures to ensure consistency and compliance in respect of accounts management and reconciliations when required
- Compiling and distributing payment information weekly to suppliers assist them with correct allocations to the relevant accounts
- Recorded and reported enquiry statistic monthly for analyzing purpose by the manager with the aim to improve creditor control function and limit queries
- Monthly reporting on creditors age analysis
- Scheduled monthly meetings with clients/suppliers account controllers and feedback provided to management
- Draft monthly communications to suppliers and managers in terms of outstanding accounts or discrepancies when required
- Draft monthly communication via manager on all non-compliant matters
- Provide inputs for procedures to ensure consistency and compliance in respect of account management and reconciliations when required
- Recorded and reported enquiry statistic monthly for analyzing purpose by the manager with the aim to improve creditor control function and limit queries
- Check, verify and reconcile departmental claims payable
- Recording of all claims in register on receipt
- Provide claims to relevant unit via manager, 30 days follow up reminders to managers and relevant staff within 20 days after receipt of invoices
- Scheduled meetings when required with clients and provide feedback to management
- Provide Departments proof of payments
- Report monthly to manager regarding claims payables
- Compile inputs for compliance reports and financial statements
- Prepared accrual reports for IFS and AFS
- Submit monthly reporting template to Provincial Treasury in terms of City of Cape Town accounts via manager
- Submit monthly Departmental claims payables information on a prescribed template for IYM purposes
- Compile and submit claims confirmations quarterly and annually for financial statement purposes within the timeframes stipulated by the relevant Department and Financial statement unit of this Department
- Compile report on Expenditure allocations in terms of SCOA
- Assist on authorizing BAS entities and BAS journals.
Assistant Accountant
PepsiCo
Paarl
04.2017 - 12.2020
- Responsible for all or some financial procedures connected with one operating unit including preparation of accounts, financial planning, and budgeting, reporting of budget variances, cost control and cost analysis programs
- Detail checking of all fobbing expenditure for all shipments on invoices received from freight forwarders to ensure validity and accuracy
- Checking/comparison with predetermined rates to be done on time
- Detailed checking of all freight and freight related charges for all shipments received from freight forwarders to ensure validity and accuracy
- Checking/comparison with negotiated contracts per destination to be done on time
- Ensure that all required export documentation for each shipment has been received and is accurate in terms of pre-determined guidelines
- Verify Export VAT doc for each shipment for VAT compliance purposes
- Ensure that regular follow up is done with service providers regarding o/s VOC's (voucher of corrections)
- Address discrepancies on freight expenses on time by monthly reconciliation
- Create and GRV all purchase orders, ensure correct allocation per expense type, and submit to SSC for on time payment
- Complete monthly provisions for freight forwarder accounts on time and accurate
- Perform internal control procedures as per agreed method and time frame
- Focus on cost savings initiatives; Focus on assignments as allocated by Financial Manager
- Responsible for Master Data Maintenance and Control for all International customers.
Credit Controller
PepsiCo
Paarl
04.2014 - 03.2017
- Reviewed customer accounts for compliance with repayment obligations.
- Obtained payments and entered details into system.
- Performed checks of customer creditworthiness and current situations.
- Responded to disputes calmly and applied logical, knowledgeable approaches to devise solutions.
- Supported sales teams by providing accurate credit information for new and existing customers.
- Increased collection rates through proactive account management and regular follow-ups with clients.
- Reduced overdue debt by closely monitoring customer accounts and taking prompt action on outstanding payments.
- Enhanced company reputation through professional communication with customers, resolving disputes, and negotiating payment plans.
- Consistently met or exceeded targets set for reducing outstanding balances while adhering to strict deadlines.
- Assisted in maintaining healthy cash flow by promptly identifying and addressing potential credit risks.
Trainee Accountant
Michael Hands Accountancy & Financial services
Observatory
08.2013 - 03.2014
- Helped in preparation of Financial Statements for variety of clients including limited Companies, Partnerships, Non-Profit Organizations and Sole Traders
- Prepared monthly Financial Accounts such as Bank Reconciliation, Accounts Receivable, Accounts Payable and Payroll
- Prepared and generated Financial Statements on QuickBooks
- Preparation of weekly and monthly journals
- General admin work
- Filing and reception.
- Reconciled balance sheet figures and sought assistance to reduce errors.
- Assisted senior accountants in preparation of monthly financial reports for better decision making.
- Reduced errors in data entry by maintaining attention to detail when recording transactions in accounting software.
- Prepared straightforward tax returns and explained expected refund or income tax liability and due date for payment.
- Facilitated smooth payroll processing, calculating employee wages, deductions, and benefits accurately.
- Enhanced financial accuracy by diligently reconciling accounts, identifying discrepancies, and resolving issues.
- Collaborated with team members during month-end closing procedures, resulting in timely submission of financial statements.
- Performed variance analysis to identify discrepancies between actual results and budget projections for proactive
Experientially Trainee
Eskom Holding Limited
Malmesbury
03.2012 - 07.2013
- Assist Coordinators and Senior Clerk with admin work
- Supported departmental tasks to increase understanding of industry processes.
- Filled out timesheets and paperwork according to identified requirements.
- Performed administrative functions, answering phones and filing paperwork in support of department.
- Established lasting relationships with peers, leadership and customers using strong communication and interpersonal skills.
- Facilitated smoother operations by maintaining clean and organized workspace.
Education
Advance Diploma in Accounting Science - Accounting And Finance
University Of South Africa
Cape Town 01.2016 - 06.2017
B-Tech. Taxation - Accounting And Finance
Cape Peninsula University of Technology
Cape Town 01.2011 - 12.2011
National Diploma in Accounting - Accounting And Finance
Cape Peninsula University of Technology
Cape Town 01.2010 - 12.2024
NHC in Accountancy - Accounting And Finance
Cape Peninsula University of Technology
Cape Town 01.2008 - 12.2009
Grade 12 -
Elliotdale Tech & Comm S.S.S
Elliotdale 01.2007 - 12.2024
Skills
Knowledge of the Public Service financial legislations, procedures, and Treasury Regulations (PFMA, DORA, MFMA, GRAP)
Knowledge of financial operating systems (SAP, Microsoft Office functions, QuickBooks software, Maximo software, BAS, SAGE etc)
Strong analytical ability with attention to detail and deadline driven
Cross functional communication at all levels, including good written and verbal communication
Ability to work flexibly, independently and in a team including the participation as a member of the team
Supervisory exposure: Planning, organizing, problem-solving and decision makings
Confident attitude with a proactive approach to work
Able to co-ordinate and manage all aspects of Payroll, Income Tax and VAT Administration
Able to administrate all aspects of corporate tax and individual tax
Ability to present Accounts Receivable & Payable monthly report
Export experience
Knowledge of various Administration services
Othercourses
- Current studying towards SAIPA Professional Qualification: Project Achiever Course.
- FASSET Certificate: Accounting Technician, Completed in 2019.
- Western Cape Provincial Training Institute: Certificate: BAS Orientation in Finance, Completed in 2021.
- Western Cape Provincial Training Institute: Certificate: BAS Introduction (Cum Launde Grande), Completed in 2022.
- Western Cape Provincial Training Institute: Certificate: Introduction to the Compilation of AFS (Cum Launde Grande), Completed in 2022.
- Western Cape Provincial Training Institute: Certificate: Supervisory Practices for Junior Managers, Completed in 2022.
Phone
083 631 9525, 071 070 4217
Personal Information
- Ethnicity: African
- Date of Birth: 10/04/1989
- Gender: Male
- Nationality: South African
- Driving License: C1
References
- Miss Dieketseng M Tjekolana , Assistant Director - Financial Statements and Accounting Systems, Dept. Social Development, 021 483 5837 or 076 837 0752
- Mr Donovan Andrews, Accountant, Pioneer Foods, 021 807 9586
- Mr Michael Hands, Professional Accountant, Michael Hands Accountancy and Financial services, 021 447 9277
- Mr Clive Strause, Work Co-ordinator, Eskom Holding Limited, 078 230 0560
Timeline
Assistant Accountant
PepsiCo
04.2017 - 12.2020
Advance Diploma in Accounting Science - Accounting And Finance
University Of South Africa
01.2016 - 06.2017
Credit Controller
PepsiCo
04.2014 - 03.2017
Trainee Accountant
Michael Hands Accountancy & Financial services
08.2013 - 03.2014
Experientially Trainee
Eskom Holding Limited
03.2012 - 07.2013
B-Tech. Taxation - Accounting And Finance
Cape Peninsula University of Technology
01.2011 - 12.2011
National Diploma in Accounting - Accounting And Finance
Cape Peninsula University of Technology
01.2010 - 12.2024
NHC in Accountancy - Accounting And Finance
Cape Peninsula University of Technology
01.2008 - 12.2009
Grade 12 -
Elliotdale Tech & Comm S.S.S
01.2007 - 12.2024
State Accountant: Credit Control
Dept. Social Development
1 2021 - Current